Market cap
$851 Mln
Revenue (TTM)
$198 Mln
P/E Ratio
40.1
P/B Ratio
3.5
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -1.46 | 18.17 | 11.10 | 5.24 | 11.05 |
| EBIT | -16.18 | 111.81 | 54.42 | 12.20 | 19.44 |
| Net Profit | -12.26 | 249.21 | 45.30 | 22.61 | 31.52 |
| EPS | -12.57 | 235.87 | 41.52 | 31.34 | 12.90 |
| Book Value | -- | -- | 10.08 | 10.47 | 10.60 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Sep-25 | Sep-24 |
| EBIT-Margin
| 9.33 | 9.91 | 19.62 | 11.90 | 4.85 |
| Net Margin
| -- | 6.62 | 11.39 | -- | -- |
| Return on equity
| 3.23 | 3.33 | 9.31 | 3.87 | 1.56 |
| Return on Capital
| 1.90 | 2.07 | -- | 2.32 | 0.92 |
| Return on Assets
| 1.64 | 1.71 | 4.19 | 2.02 | 0.80 |
| Debt to Equity (x)
| -- | -- | 0.19 | 0.65 | 0.69 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
--
|
2.32
|
0.92
|
2.47
|
1.18
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
9.31
Lower than Peers by 1.92
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
9.31
|
3.87
|
1.56
|
4.28
|
2.03
|
|
Peer Median
|
11.23
|
--
|
--
|
--
|
--
|
ROA
4.19
Higher than Peers by 0.38
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
4.19
|
2.02
|
0.80
|
2.10
|
0.95
|
|
Peer Median
|
3.81
|
--
|
--
|
--
|
--
|
EBIT Margin
19.62
Higher than Peers by 10.18
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
19.62
|
11.90
|
4.85
|
11.25
|
--
|
|
Peer Median
|
9.44
|
--
|
--
|
--
|
--
|
Net Margin
11.39
Higher than Peers by 1.68
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
11.39
|
4.90
|
1.90
|
4.65
|
2.55
|
|
Peer Median
|
9.70
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
11.10
Lower than Peers by 4.12
Year on year growth in net sales
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
11.10
|
0.04
|
0.00
|
0.19
|
0.21
|
|
Peer Median
|
15.21
|
--
|
--
|
--
|
--
|
EBIT Growth
54.42
Higher than Peers by 24.06
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
54.42
|
156.14
|
-56.97
|
--
|
--
|
|
Peer Median
|
30.36
|
--
|
--
|
--
|
--
|
Net Profit Growth
45.30
Higher than Peers by 13.61
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
45.30
|
168.33
|
-59.16
|
117.30
|
-53.70
|
|
Peer Median
|
31.69
|
--
|
--
|
--
|
--
|
EPS Growth
41.52
Lower than Peers by 20.00
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
41.52
|
1.64
|
-0.60
|
1.14
|
-0.53
|
|
Peer Median
|
61.52
|
--
|
--
|
--
|
--
|
Book Value Growth
1.41
Lower than Peers by 20.20
Year on year growth in book value per share
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
1.41
|
--
|
--
|
--
|
--
|
|
Peer Median
|
21.61
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.19
--
Total debt / Net worth
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
0.19
|
0.65
|
0.69
|
0.68
|
0.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.01
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
0.01
|
0.64
|
0.00
|
0.01
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.74
Higher than Peers by 1.14
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
2.74
|
1.19
|
4.39
|
3.69
|
3.19
|
|
Peer Median
|
1.61
|
--
|
--
|
--
|
--
|
Quick Ratio
2.74
Higher than Peers by 1.17
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
2.74
|
--
|
--
|
3.65
|
3.14
|
|
Peer Median
|
1.58
|
--
|
--
|
--
|
--
|
Interest Coverage
5.38
Lower than Peers by 8.76
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
5.38
|
2.19
|
0.90
|
2.14
|
--
|
|
Peer Median
|
14.14
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
30.86
Higher than Peers by 13.04
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
30.86
|
27.55
|
27.60
|
29.26
|
23.58
|
|
Peer Median
|
17.82
|
--
|
--
|
--
|
--
|
Asset Turnover
0.37
Lower than Peers by 0.06
Sales / Average Total Assets
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
0.37
|
0.41
|
0.42
|
0.45
|
0.37
|
|
Peer Median
|
0.43
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
--
|
98.58
|
103.99
|
89.57
|
69.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
--
|
--
|
29.94
|
31.83
|
35.78
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
--
|
75.74
|
110.98
|
99.97
|
68.28
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
--
|
--
|
22.95
|
21.44
|
36.65
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
40.11
Lower than Peers by 10.09
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
40.11
|
52.56
|
123.18
|
61.44
|
112.14
|
|
Peer Median
|
50.20
|
--
|
--
|
--
|
--
|
Price / Book Value
3.46
Lower than Peers by 4.22
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
3.46
|
1.92
|
1.88
|
2.40
|
2.43
|
|
Peer Median
|
7.68
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
15.31
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
15.31
|
11.52
|
16.71
|
13.00
|
41.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
851
Lower than Peers by 275
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Sep-25
|
Sep-24
|
Sep-23
|
Sep-22
|
|---|---|---|---|---|---|
|
Mitek Systems (MITK)
|
851
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,126
|
--
|
--
|
--
|
--
|